Brazil: Sugar-Manufacturing Industrial Machinery Market 2024

Sugar-Manufacturing Industrial Machinery Market Size in Brazil

The Brazilian sugar-manufacturing industrial machinery market expanded slightly to $X.5B in 2022, surging by X% against the previous year. In general, consumption showed a deep reduction. Sugar-manufacturing industrial machinery consumption peaked at $X.9B in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sugar-Manufacturing Industrial Machinery Production in Brazil

In value terms, sugar-manufacturing industrial machinery production stood at $X.5B in 2022 estimated in export price. Over the period under review, production recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Sugar-manufacturing industrial machinery production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Sugar-Manufacturing Industrial Machinery Exports

Exports from Brazil

In 2022, sugar-manufacturing industrial machinery exports from Brazil surged to X units, rising by X% on the previous year's figure. Overall, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, sugar-manufacturing industrial machinery exports surged to $X in 2022. Over the period under review, exports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Paraguay (X units) was the main destination for sugar-manufacturing industrial machinery exports from Brazil, accounting for a X% share of total exports. Moreover, sugar-manufacturing industrial machinery exports to Paraguay exceeded the volume sent to the second major destination, Mexico (X units), fourfold. The United States (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the United States (X% per year).

In value terms, Paraguay ($X), Mexico ($X) and the United States ($X) constituted the largest markets for sugar-manufacturing industrial machinery exported from Brazil worldwide, together comprising X% of total exports.

The United States, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average sugar-manufacturing industrial machinery export price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price recorded a deep setback. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to El Salvador (X%), while the prices for the other major destinations experienced mixed trend patterns.

Sugar-Manufacturing Industrial Machinery Imports

Imports into Brazil

Sugar-manufacturing industrial machinery imports into Brazil reduced remarkably to X units in 2022, shrinking by X% on the year before. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sugar-manufacturing industrial machinery imports declined sharply to $X in 2022. Overall, imports faced a dramatic descent. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of sugar-manufacturing industrial machinery to Brazil, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of industrial machinery for the manufacture or preparation of sugar to Brazil.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%.

Import Prices by Country

In 2022, the average sugar-manufacturing industrial machinery import price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price continues to indicate a sharp shrinkage. The growth pace was the most rapid in 2017 an increase of X%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to X% per year.

Source: IndexBox Platform

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